Lomond has unveiled its latest acquisition, with continued expansion north of the border.

The group has acquired Clyde Property Group, which includes Burgh Property and Cathedral Estates, and says it marks “a significant milestone in Lomond’s growth strategy”.

It increases the group’s presence in Scotland, alongside DJ Alexander. Clyde Property will oversee operations in the West of Scotland, while DJ Alexander will manage operations across the remainder of the portfolio.

Expand presence

David Alexander, Chief Revenue Officer at Lomond (pictured), says: “Clyde’s passion for pioneering service and building knowledgeable local teams perfectly aligns with Lomond’s core values.

“I’ve long admired Clyde, and this partnership offers an exciting opportunity to expand our presence across Scotland.”

Clyde was co-founded in 1987 by Gary Thomson, who remains actively involved and continues to lead the business.

Market gap

From a single branch in Bearsden near Glasgow, Gary and Bill Cullens drew on their new homes experience to fill a noticeable gap in the resale market, where standard new homes practices such as weekend opening, detailed listings with floor plans and professional photography had not yet become the norm.

By implementing this approach, Clyde quickly gained market share and expanded rapidly across Scotland.

Standout choice

Gary Thomson, Co-founder and MD at Clyde Property, says: “Clyde was founded on principles that remain at the heart of our business 39 years later – trust, a forward thinking mindset, and putting people first.

“When considering a partner for the next stage of Clyde’s journey, alignment in values was paramount, and Lomond was the standout choice.”

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